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What Do You Think About This?

This idea sounds just crazy enough to possibly work, so naturally it won’t
be given serious consideration. How great is our bureaucracy!!
I’m against the $85,000,000,000.00 bailout of AIG.
Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve
It Dividend.
To make the math simple, let’s assume there are 200,000,000 bonafide U.S.
Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and
child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billion that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It
Dividend.
Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U S Citizen 18+ including the folks who
lost their jobs at Lehman Brothers and every other company that is cutting
back. And of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it…instead of
trickling out a puny $1000.00 ( ‘vote buy’ ) economic incentive that is
being proposed
by one of our candidates for President.
If we’re going to do an $85 billion bailout, let’s bail out every adult U S
Citizen 18+!
As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a crazy idea that can ‘never work.’
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington
DC
And remember, The Birk plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.
Ahhh…I feel so much better getting that off my chest.

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  1. OBERON
    July 16th, 2009 at 03:46 | #1

    You have put a great deal of thought into this, huh? It shows!
    I say it should at least be an option on the table. I know I wouldn’t turn it down.
    But, I agree that none of them investment corporations should be assisted. Wasn’t it GW that said when the housing market started falling, and all those people were foreclosed on – he said that the government shouldn’t be there to bail out people who make bad financial decisions. Isn’t that just what these investment corporations have done? Really shows who’s more important. General public – or corporations. At least we know where we stand, huh?

  2. Sofia
    July 16th, 2009 at 04:37 | #2

    That would be kick *** too bad that they wouldn’t do it ’cause they are so damn stingy & want to keep the rich people rich & the poor people poor.

  3. E.J.
    July 16th, 2009 at 10:05 | #3

    Where do I sign up?

  4. tbird
    July 16th, 2009 at 12:27 | #4

    You have my vote!

  5. Critty Creme` de la Creme`
    July 16th, 2009 at 14:58 | #5

    Ok, so I’m going to have to know your last name…for the write in on my ballot!!

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